When the recession hit in 2007, the UK housing market crashed in spectacular fashion. Tens of thousands of pounds were wiped off the value of properties all over the country and people who had bought at the height of the boom, were left in the unfavourable position of owning a property worth less than their […]
The current mayor of London, Boris Johnson, has chosen not to run for a third term in office now he is MP for Uxbridge and South Ruislip. This leaves an opening for new candidates, one of whom has now been confirmed as Sadiq Khan from the Labour Party.
The National Landlords Association is asking landlords to take part in a survey so they can collect as much relevant data as possible. All data collected will be used to lobby the Treasury to amend the Finance Bill, which threatens to harm the private rental sector in the UK.
From October 1st, all landlords must have the correct smoke detectors fitted, so if you own a rental property, conduct a risk assessment now because if you don’t have fully functioning smoke alarms fitted, you will be in breach of the law.
Government statistics tell us that 95% of UK landlords own between one and four properties, most of them managing their portfolios part-time. Many of these landlords fear they will be forced out of business within twelve month.
According to the London Evening Standard, Mayor of London and Tory leadership hopeful, Boris Johnson, has responded to the government’s consultation on how to make improvements to the private rental sector, which accounts for 40 per cent of all homes in the capital.
According to the Residential Landlords Association, lawful tenants are finding it increasingly difficult to secure rental accommodation in the private sector because of the government’s Right to Rent immigration checks.
Shelter is claiming that 17,000 tenants called its helpline during 2014, to report abuse at the hands of their private landlord. The housing charity says tenants alleged they had been harassed, threatened and assaulted, had their utilities cut off, and seen their possessions burned.
HMO landlords end up in the news more than most, usually as a result of failing to meet their obligations to tenants.
The Association of Residential Letting Agent (ARLA) has just published its latest Private Rented Sector Report and the results are interesting. ARLA Report The data has been gathered from 363 ARLA member letting agents in July this year and more than a third of those surveyed reported that property rents have risen in May and […]
The Association of Residential Letting Agents (ARLA) is joining forces with the Gas Safe Register to send out gas safety messages to landlords and tenants in the residential letting sector.
A young woman from Stuttgart became so despondent with life in rental accommodation that she swapped her rented flat for a monthly rail season ticket. So when other people disembark and head home to their rental property, Leonie Müller stays on board and settles down for the evening.
Buy to let finance has exploded in recent years, with a large number of high street lenders waking up to the fact that the private rental industry is booming. Consequently the number of buy to let mortgage products has increased considerably in the last five years.
Budget proposals to limit tax breaks for landlords has not gone down well with landlords and property investors. Many are up in arms about the planned changes and as you might expect, some are ready to fight back.
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